Europe / Russia

Microsoft India retail site down after 'cyber attack'

Microsoft India's retail website was down on Monday after reportedly being hacked by a Chinese group calling itself Evil Shadow Team.The team struck at www.microsoftstore.co.in late on Sunday, stealin

Monday, February 13, 2012 (France24)

Europe stocks rise after Greece backs austerity bill

Europe's stock markets climbed on Monday after Greek lawmakers approved drastic austerity measures, amid violent street battles between police and protesters in the streets of Athens.In morning deals,

Monday, February 13, 2012 (France24)

Oil prices rise after Greek austerity deal

World oil prices advanced on Monday as markets cheered Greece's approval of austerity measures demanded by international creditors in return for a second bailout, analysts said.New York's main contrac

Monday, February 13, 2012 (France24)

JAPAN: Fukushima operator to post $8.95 billion in net losses

The operator of Japan's Fukushima Daiichi nuclear plant said Monday it expects to post an $8.95 billion annual shortfall, due to costs and compensation payments related to last year’s crisis. The go

Monday, February 13, 2012 (France24)

Obama anchors budget on tax hikes for the rich

US President Barack Obama will Monday roll out a populist election-year budget, challenging Republicans to support his job creation drive and to finally agree to hike taxes on the richest Americans.Ob

Monday, February 13, 2012 (France24)

Debt crisis: Greek deal buoys markets

WORLD markets surged today after Greece's parliament approved the austerity measures needed to secure new bailout funds.

Monday, February 13, 2012 (Independent )

Insurers plan boost to alternative assets

About a third of European insurers expect to increase their allocations of private equity and hedge funds after Solvency II kicks in

Monday, February 13, 2012 (Financial Times )

Japan approves fresh $8.9 billion aid for TEPCO

The Japanese government on Monday approved a fresh $8.9 billion in aid for the operator of the Fukushima nuclear plant to help it pay compensation to those affected by reactor meltdowns.The decision t

Monday, February 13, 2012 (France24)

Vodafone 'considers' offer for Cable & Wireless

Mobile phone giant Vodafone said on Monday it was considering an offer for Cable & Wireless Worldwide, the global telecoms company set up in the 1860s to run the British empire's communications networ

Monday, February 13, 2012 (France24)

Lin-sanity spreads to China

The rise to stardom of Jeremy Lin, the first US-born NBA player of ethnic-Chinese heritage, has taken China by storm as the New York Knicks player becomes the focus of adulatory interest online.Lin, t

Monday, February 13, 2012 (France24)

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